News
22.11.16
SCFI Down for 21 Weeks Running
Freight rates for container exports from China remained on major trade lanes in Week 45. They returned to levels in July-September 2020 on routes other than those to Japan and elsewhere. The compos...
22.11.15
Asia-U.S. Exports Plunge 18% in Oct.
Container exports from 10 major economies in Asia to the U.S. plunged 18% to 1.49 million TEUs in October (based on volumes at ports of origin), which have registered a year-on-year contraction for...
22.11.14
Ships Stay for Shorter Periods of Time at 20 Major Ports in Oct.
The average number of days for which ships remain at the world's top 20 container ports (based on 2021 volumes) was 2.09 in October, which decreased 6% from a year earlier but increased 0.8% from a...
22.11.11
Head-Haul, Regional Export Volumes Down 9.3% in Sept.
According to the latest report from the Baltic and International Maritime Council (BIMCO), based on Container Trade Statistics (CTS), head-haul and regional export volumes in September were down 9....
22.11.10
Global Port Tracker report unveiled
It is projected that 2022 holiday retail sales will grow between 6% and 8% over 2021 to between $942.6 billion and $960.4 billion, according to a Global Port Tracker report by the National Retail F...
22.11.09
SCFI Declines More Severely in Week 44 Despite Capacity Control
Container exports from China experienced freight rate decreases on major trade lanes in Week 44. They declined more severely than in the previous week despite efforts made by carriers to control ca...
22.11.08
APSEZ Marks 3% Growth in Container Lifting in H1 of FY2022
Adani Ports and Special Economic Zone (APSEZ) handled 177.47 million tons of cargo in the first half of fiscal 2022 (April-September), which grew 11% year on year. Dry bulk cargo increased a notabl...
22.11.07
WCI Down for 36 Weeks Running
The composite World Container Index (WCI) decreased by 3% to 3,094.73 per FEU in Week 44, the 36th consecutive weekly decrease, and has dropped by 67% when compared with the same week of last year....
22.11.04
Atlas, Poseidon Agree on Acquisition
Atlas and Poseidon Acquisition, an entity formed by certain affiliates of Fairfax Financial Holdings; certain affiliates of the Washington family; David Sokol, chairman of the board of Atlas; Ocean...
22.11.02
China-WCNA Rates Fall Below $2,000/FEU for 1st Time in 29 Months
Container exports from China decreased in volume in Week 43 due to weaker consumer sentiment despite the fact that container movement normally grows this time of the year in preparation for the Chr...
